BRN vs STT: Correlation
Barnwell Industries, Inc. (BRN) and State Street Corporation (STT) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRN and STT?
On 3 years of weekly data the BRN/STT correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.13 over 1 year against -0.16 over 3. The 5-year figure is -0.02, and annualized covariance runs at -189.2 %².
Within BRN's tracked universe of 35 assets, STT comes in at #15 by 3-year correlation. The last year tells two different stories: STT led by 91.8 percentage points, -19.1% for BRN against +72.7% for STT. One caveat on sizing: BRN is 2.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BRN vs STT: side by side
| BRN (Barnwell Industries, Inc.) | STT (State Street Corporation) | |
|---|---|---|
| 1-year return | -19.1% | +72.7% |
| 5-year return | -58.9% | +144.9% |
| Volatility (ann.) | 53.1% | 22.9% |
| Beta vs S&P 500 | -0.22 | 0.97 |
| Max drawdown (3Y) | -68.5% | -25.7% |
| Market cap | – | $53.1B |
| P/E (trailing) | – | 17.1 |
| Dividend yield | 0.00% | 1.74% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | BRN | STT |
|---|---|---|
| 2022 | +2.8% | -13.8% |
| 2023 | -16.5% | +3.5% |
| 2024 | -37.9% | +30.2% |
| 2025 | -26.5% | +35.5% |
| 2026 | -14.0% | +52.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRN and STT good diversifiers for each other?
Yes. With a correlation of -0.16, BRN and STT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BRN and STT?
As of 2026-08-27, the correlation of weekly returns between BRN and STT is -0.16 over 3 years, -0.13 over 1 year and -0.02 over 5 years.
Is STT a good diversifier for BRN?
Yes. With a correlation of -0.16, BRN and STT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brn-vs-stt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brn-vs-stt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRN correlations · STT correlations
